From a macro perspective

Now is not the time to start a strong bull run, the timing is simply not there yet

It's only 5 days since the crash on the 20th, we have completed a major rebound, followed by a secondary drop, and then another rebound, the K-line is very standard

However, the adjustment time here is still insufficient, and the funds absorbed by the traders and institutions are still far from enough. We need to give the big traders time to lay their funds

Additionally, it's still Christmas, Americans are on holiday, institutions are on holiday, they need to pay salaries, they need to withdraw for consumption, where is all that money coming from? How could they possibly choose this moment to rally,

I mentioned in my previous live stream that Powell's hawkish speech on the 19th is likely a turning point, if it drops ahead of time, then there won't be a significant drop around Christmas,

If it drops early, then it enters a phase of oscillation and accumulating funds,

But the real starting point will definitely be in January, at the earliest it will wait until the foreigners start working, institutions begin their tasks, at that time,

The overall market will start to oscillate in a triangular upward trend,

Step by step breaking through one resistance level after another,

Leading to the arrival of the entire altcoin season.